Chu: Appropriate Decisions Were Made Regarding Solyndra

Rep. Fred Upton (R-Mich.) asked Department of Energy Secretary Steven Chu if he owes the taxpayers an apology for the $535 million lost under the Solyndra loan guarantee. Chu replied that he believes appropriate decisions were made, but noted that the incident was unfortunate. (0:22)

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Chu: Not Very Much Will Be Recovered From Solyndra

Rep. Fred Upton (R-Mich.) questioned Department of Energy Secretary Steven Chu about how much tax payer money lost in the $535 million Solyndra loan guarantee is likely to be recovered. Chu replied “not very much.” (0:22)

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Congress Knew Of Risks In Loan Guarantee Program, Says Energy Secretary

Rep. Henry Waxman (D-Calif.) questioned Department of Energy Secretary Steven Chu about the risks involved with the Solyndra loan guarantee in a House Subcommittee on Oversight and Investigations hearing Thursday. (0:22)

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Chu Denies Political Influence Over Solyndra Loan

Department of Energy Secretary Steven Chu denied claims of political influence in the decisions made regarding the Solyndra loan guarantee before members of the House Subcommittee on Oversight and Investigations Thursday. (0:14)

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Chu: Renewable Energy Worth The Risk

Department of Energy Secretary Steven Chu defended the DOE’s loan guarantee program, telling members of the House Subcommittee on Oversight and Investigations that it is essential for economic stability that the U.S. invest in risky loans to further renewable energy production. (0:23)

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Scalise: Who Will Get Dibs On The First Dollar?

Rep. Steve Scalise (R-La.) grilled Department of Energy Secretary Steven Chu, charging the subordination of the tax payer for corporate interests as a result of the restructuring of the $535 million Solyndra loan guarantee. (0:12)

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Energy Secretary Says Denial Of Climate Change Will Not Prevent Disaster

Energy Secretary Steven Chu comments on a recent study that suggests there could be an 11 degree temperature increase. Chu notes 11 degrees may not seem like much, but the world was only 11 degrees colder during the last ice age. He says, "Denial of the climate change problem will not change our destiny; a comprehensive energy and climate bill that caps and then reduces carbon emissions will. (0:32)
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